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Weather

Huawei founder told Xi China’s concerns about lack of chips have eased, state media says

SHANGHAI (Reuters) – Huawei’s founder told Xi Jinping at a meeting the Chinese president held with private sector entrepreneurs that concerns China had about a lack of homegrown chips or operating systems had eased, Chinese state media reported. The People’s Daily on Friday published an article summarising what major Chinese company founders including Huawei’s Ren […]

Business & Finance

Rising concerns about economic prospects for 2025

This article is an on-site version of our Chris Giles on Central Banks newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters A couple of months ago, it appeared as if 2025 might be the most remarkable year […]

Politics

US Senate approves Social Security change despite fiscal concerns

By Bo Erickson WASHINGTON (Reuters) – The U.S. Congress early on Saturday passed a measure to boost Social Security retirement payments to some retirees who draw public pensions – such as former police and firefighters – which critics warned will further weaken the program’s finances. The Senate in a 76-20 bipartisan vote shortly after midnight […]

World News

US diplomats cancel briefing in Damascus over security concerns

Reuters Washington still designates Hayat Tahrir al-Sham (HTS) as a terrorist organisation A news conference due to be held by US diplomats in Syria following a meeting with the country’s new leadership has been cancelled due to “security concerns”, the US embassy has said. Officials did not say what the concerns were, but later confirmed […]

Weather

Senate report alleges Amazon rejected warehouse safety recommendations due to productivity concerns

At least two internal Amazon studies found a link between how quickly the online retailer’s warehouse workers perform tasks and workplace injuries, but the company rejected many safety recommendations out of concern the proposed changes might reduce productivity, according to a U.S. Senate committee report. The 160-page review issued Sunday night was compiled by the […]

Business & Finance

Xi Jinping prioritises consumers over chips as concerns over growth mount

Xi Jinping’s Communist party has shifted its economic focus to stoking domestic demand, switching its priority away from investing in the technology and industry that have helped China become an export powerhouse. Emerging from their annual economic conference this week, party leaders spoke of the need for “vigorous” efforts to boost consumption and domestic demand […]